Are Jacksonville home prices expected to drop further?

Nobody can honestly promise a specific direction. Prices are down modestly year over year, not falling sharply, and the market is described as balanced to slightly seller-favoring by most current reporting — not a buyer's market in the way the term usually implies.

How many days does it actually take to buy a house in Jacksonville right now?

It depends heavily on the specific home. Current data shows a real split: well-priced homes in strong areas can go under contract in under two weeks, while others sit for three months or more. The citywide average sits somewhere in between and can be misleading on its own.

Is Jacksonville still a buyer's market or a seller's market?

Most current data puts it close to balanced, with a slight lean toward sellers overall — but this varies meaningfully by neighborhood and price point, which is why a citywide label only tells part of the story.

Should I wait for mortgage rates to drop before buying?

That's a real financial trade-off, not a simple yes or no — rates have actually trended up, not down, through this fall. A monthly-payment conversation based on your actual numbers is more useful than a guess about where rates go next.

000 RIVER Road, Orange Park, FL 32073 (MLS# 2163773)

000 RIVER Road, Orange Park, FL 32073

$599,000

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Property Type: Land Lot Size (sq. ft.): 43,560 Status: Active

Current Price: $599,000 List Date: 9/07/2026 Last Modified: 11/05/2026

Overview

Description

Beautiful and rare waterfront lot on River Rd in Orange Park. Build a stunning southern vernacular home on this 1.4 acre waterfront lot. Old graceful oak trees would be able to canopy your yard for exquisite shade. The lot next door has the remains of a dock for easy permitting. Historic neighborhood as well as close to I-295 and Highway 17 so you are minutes to everything including the Jax NAS just a mile and a half down the road. The lot next to this one is the same size (approx. 1.4 acres) and is also available. This lot was once a homesite to a mid century house. It's ready for a new home! This lot is directly next door to the lot of very similar proportion. The lots can be purchased together for 2.8 acres for an amazing homesite!!

Listing Details MLS# 2163773

General Property Information

Number Of Lots: Yes
Lot Size Acres: Yes
CDD Fee YN: No
Association YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Water Frontage Feet: 110
Senior Community YN: No
Directions: Travel on Highway 17 (Park Ave) to Wells Rd. turn East towards the river. At River Rd turn Rt (south) the property will be on the Right.
Public Remarks: Beautiful and rare waterfront lot on River Rd in Orange Park. Build a stunning southern vernacular home on this 1.4 acre waterfront lot. Old graceful oak trees would be able to canopy your yard for exquisite shade. The lot next door has the remains of a dock for easy permitting. Historic neighborhood as well as close to I-295 and Highway 17 so you are minutes to everything including the Jax NAS just a mile and a half down the road. The lot next to this one is the same size (approx. 1.4 acres) and is also available. This lot was once a homesite to a mid century house. It's ready for a new home! This lot is directly next door to the lot of very similar proportion. The lots can be purchased together for 2.8 acres for an amazing homesite!!
List Price/Acre: 599000

Property Features

Current Use: Residential; Single Family Lot Features: Cleared Fencing: Chain Link Sewer: Public Sewer Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Water Source: Public View: River Water Body Access Type: Navigable Waterfront Features: Navigable Water; Ocean Access; River Front Other Structures: Greenhouse; Shed(s); Workshop Road Surface Type: Asphalt; Paved Road Frontage Type: City Street Listing Terms: Cash; Conventional; FHA; VA Loan Possession: Close Of Escrow

Contract Information

Property Sub Type: Unimproved Land
Listing Contract Date: 2026-08-07

Location Tax and Legal

Street Number: 000
Street Name: RIVER
Street Suffix: Road
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 133-North Orange Park
Subdivision Name: Milbyrne

Status Change Information

Major Change Timestamp: 2026-09-29T13:50:28Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-09-29T13:50:28Z

More Information

Listing Office: EXP REALTY LLC

Last Updated: November - 05 - 2026

Information deemed reliable but not guaranteed.

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Zelda Greenberg is a real estate agent affiliated with Legacy Realty Group North Florida, Inc., a licensed real estate brokerage that abides by equal housing opportunity laws. This is not intended to solicit property already listed. All material presented is intended for informational purposes only. Information is compiled from sources that are deemed reliable but subject to price changes, condition, sale, withdrawal, and errors & omissions.

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